A new empty zone and a high trading volumes from The Sellers
Analysing Forex from The Market side & perspective.
Empty zone has been filled and then The Market is going back up creating another empty zone but this time it also leave a level for The Buyers to open positions at 1.2248. The seller positions at 1.2359 is rejected several times makes it accumulated with high trading volumes. After that quick downtrend and quick back up, it is possible for The Market to stop out The seller positions with a big candlestick at this week closing hours.
Empty zone has been filled and then The Market is going back up creating another empty zone but this time it also leave a level for The Buyers to open positions at 1.2248. The seller positions at 1.2359 is rejected several times makes it accumulated with high trading volumes. After that quick downtrend and quick back up, it is possible for The Market to stop out The seller positions with a big candlestick at this week closing hours.
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